Growthpoint Properties Australia Balance Sheet Health
Financial Health criteria checks 0/6
Growthpoint Properties Australia has a total shareholder equity of A$2.9B and total debt of A$1.9B, which brings its debt-to-equity ratio to 66.8%. Its total assets and total liabilities are A$5.0B and A$2.1B respectively. Growthpoint Properties Australia's EBIT is A$223.8M making its interest coverage ratio 2.8. It has cash and short-term investments of A$62.3M.
Key information
66.8%
Debt to equity ratio
AU$1.91b
Debt
Interest coverage ratio | 2.8x |
Cash | AU$62.30m |
Equity | AU$2.86b |
Total liabilities | AU$2.14b |
Total assets | AU$5.00b |
Recent financial health updates
No updates
Recent updates
Growthpoint Properties Australia Reported A Surprise Loss, And Analysts Have Updated Their Forecasts
Aug 19Estienne de Klerk Is The Non-Executive Director of Growthpoint Properties Australia (ASX:GOZ) And They Just Picked Up 2.9% More Shares
Mar 05What We Learned About Growthpoint Properties Australia's (ASX:GOZ) CEO Pay
Mar 02How Many Growthpoint Properties Australia (ASX:GOZ) Shares Do Institutions Own?
Jan 30Growthpoint Properties Australia (ASX:GOZ) Has Compensated Shareholders With A Respectable 61% Return On Their Investment
Jan 04Growthpoint Properties Australia's (ASX:GOZ) Has Had A Decent Run On The Stock market: Are Fundamentals In The Driver's Seat?
Dec 09Financial Position Analysis
Short Term Liabilities: GOZ's short term assets (A$83.6M) do not cover its short term liabilities (A$120.0M).
Long Term Liabilities: GOZ's short term assets (A$83.6M) do not cover its long term liabilities (A$2.0B).
Debt to Equity History and Analysis
Debt Level: GOZ's net debt to equity ratio (64.6%) is considered high.
Reducing Debt: GOZ's debt to equity ratio has increased from 58.4% to 66.8% over the past 5 years.
Debt Coverage: GOZ's debt is not well covered by operating cash flow (8%).
Interest Coverage: GOZ's interest payments on its debt are not well covered by EBIT (2.8x coverage).